Just Eat (JE) Stock Rating Reaffirmed by Credit Suisse Group

Just Eat (LON:JE)‘s stock had its “outperform” rating restated by Credit Suisse Group in a research report issued to clients and investors on Friday. They currently have a GBX 970 ($12.67) price objective on the stock. Credit Suisse Group’s price objective points to a potential upside of 52.76% from the company’s previous close.

A number of other research analysts also recently weighed in on the stock. Morgan Stanley set a GBX 780 ($10.19) price objective on shares of Just Eat and gave the company a “neutral” rating in a research report on Monday. Deutsche Bank restated a “hold” rating and set a GBX 610 ($7.97) price objective on shares of Just Eat in a research report on Friday. Royal Bank of Canada set a GBX 950 ($12.41) price objective on shares of Just Eat and gave the company a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. restated a “sell” rating on shares of Just Eat in a research report on Thursday. Finally, Goldman Sachs Group set a GBX 1,060 ($13.85) price objective on shares of Just Eat and gave the company a “buy” rating in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 853.75 ($11.16).

Just Eat stock traded down GBX 27.60 ($0.36) during midday trading on Friday, reaching GBX 635 ($8.30). 3,417,297 shares of the company traded hands, compared to its average volume of 3,730,000. Just Eat has a 12 month low of GBX 544 ($7.11) and a 12 month high of GBX 906 ($11.84).

Just Eat Company Profile

Just Eat plc, together with its subsidiaries, operates digital marketplace for takeaway food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 21.5 million customers and 82,300 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Norway, Switzerland, Italy, Mexico, and Spain.

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Analyst Recommendations for Just Eat (LON:JE)

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